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Chapter 1 · Chapter 1 - Introduction to System, PA Basics
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Common Price Action Terms

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Liquidity and Market Structure

DOL: Draw on Liquidity

BSL: Buyside Liquidity

SSL: Sellside Liquidity

EQH: Equal Highs

EQL: Equal Lows

$$$: Large Pool of Liquidity

POI: Point of Interest

FVG: Fair Value Gap

BISI: Buyside Imbalance, Sellside Inefficiency

SIBI: Sellside Imbalance, Buyside Inefficiency

IOFED: Institutional Order Flow Entry Drill

MS: Market Structure

MSS: Market Structure Shift

MSB: Market Structure Break

BOS: Break of Structure

Order Blocks and Breakers

+OB: Bullish Orderblock

  • OB: Bearish Orderblock

+BRK: Bullish Breaker

  • BRK: Bearish Breaker

Liquidity Terms

BPR: Balanced Price Range

FU: Stop Hunt

CE: Consequent Encroachment

SMT: Smart Money Tool

AMD: Accumulation, Manipulation, Distribution

PO3: Power of 3

Market Models

MMBM: Market Maker Buy Model

MMSM: Market Maker Sell Model

LRLR: Low Resistance Liquidity Run

HRHR: High Resistance Liquidity Run

Gaps and Ranges

NDOG: New Day Opening Gap

NWOG: New Week Opening Gap

LO: London Open

LOKZ: London Open Kill Zone

NYO: New York Open

NYKZ: New York Kill Zone

LCKZ: London Close Kill Zone

MO: Midnight Open

AR: Asia Range

Levels and Extremes

PDH: Previous Day’s High

PDL: Previous Day’s Low

PWH: Previous Week’s High

PWL: Previous Week’s Low

PMH: Previous Month’s High

PML: Previous Month’s Low

HOD: High of Day

LOD: Low of Day

HOW: High of Week

LOW: Low of Week

HOM: High of Month

LOM: Low of Month

Highs and Lows

HH: Higher High

HL: Higher Low

LH: Lower High

LL: Lower Low

Other Key Terms

S/R: Support & Resistance

VI: Volume Imbalance

EQ: Equilibrium

P: Premium

D: Discount

OTE: Optimal Trade Entry

Timeframes

HTF: Higher Timeframe

LTF: Lower Timeframe

M1-M30: Minute Chart

H1-H12: Hour Charts

D: Daily Chart

W: Weekly Chart

M: Monthly Chart

Q: Quarterly Chart

Y: Yearly Chart

Trade Management

TP: Take Profit

SL: Stop Loss

BE: Break Even

RR: Risk to Reward

Advanced Concepts

FTFC: Full Time Frame Continuity

PMG: Pivot Machine Gun

BF: Broadening Formation